Deep-tech startup Make in Box (MIB) has raised $260,000 in a pre-Series funding round led by Mile Deep Works and its affiliate, Mile Deep Capital.
The fresh funds will be used to enhance decentralized supply chains and develop mobile smart factory technologies, including its flagship product, “Mfreezer,” MIB said in a press release.
Founded in 2020 by Ullas Esturi, Make in Box (MIB) is a deep-tech startup focused on smart factories and agritech solutions. It integrates AI and mobile smart factory technologies, aiming to decentralize supply chains and improve manufacturing efficiency across multiple industries. The company’s solutions serve industries such as auto ancillary, aerospace, defense, construction, inland fisheries, and farming.
MIB aims to redefine industrial production by minimizing capital expenditure while maximizing efficiency and sustainability. Its mobile smart factories will bridge the gap between demand and production, ensuring localized and accessible manufacturing solutions that drive economic growth and technological progress.
According to MIB, its flagship product “Mfreezer” uses advanced mobile IQF (Individually Quick Frozen) technology to flash-freeze produce at the source, preserving food quality and streamlining supply chains. This innovation aims to boost efficiency and sustainability in the frozen food sector.
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